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Sep 12, 2010
09/10
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KQED
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. >> whether we are talking about rahm emanuel or peter orszag, [inaudible] the rights and in "the new york times" calling for an extension of the tax cuts that the rich has. >> this is something that the president can draw a line on. he does have a veto power. he can decide whether or not to extend the tax cuts for the rich for a year or something like that, or not. it seems to me the best thing to do would be to pull it back for those people who make less than $200,000, and will veto anything that does not help them. >> george stephanopoulos tried to nail him down on that question, but he said he would not necessarily veto. >> with a tough vote, you could pass the house, not to limit the tax cuts to those earning less than $250,000. but the house is not going to cast a single vote if the senate is not going to act. the president will have to say, if this is the issue, i will veto. he cannot give one interview and then walk away from the issue. >> the same problem with the healthcare bill. there are some democrats who are backing away from the idea. >> they have backed off. they are m
. >> whether we are talking about rahm emanuel or peter orszag, [inaudible] the rights and in "the new york times" calling for an extension of the tax cuts that the rich has. >> this is something that the president can draw a line on. he does have a veto power. he can decide whether or not to extend the tax cuts for the rich for a year or something like that, or not. it seems to me the best thing to do would be to pull it back for those people who make less than $200,000,...
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Sep 24, 2010
09/10
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MSNBC
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peter orszag hated in the wing. his first column in the "new york times" which they felt und mined the president's view of tax cuts, very unhappen we with him. one senior official told me in a politico playbook we should run a quiz, which is the more disloyal former staffer, peter orszag or steven ratiner, they said the answer was definitely peter orszag. >> mike, you say the west wing hates peter orszag. >> he had no friends when he left. no top-level friends. very unhappy with him. not a lot of crying when he departed. >> wow. >> and made no new friends when he suggested they should let the tax cuts -- >> go for two years. >> yeah. >> i'm sure they set at google alert foris "new york times" columns. >> mike, a little scandal. >> this is just -- maybe this is the politician in me. but if a guy leaves and he's working for me and he dings me on the way out and he's got a "new york times" column, i would go to his wedding. no, no, seriously. i mean, there's no room for that in washington, d.c. when you're running the
peter orszag hated in the wing. his first column in the "new york times" which they felt und mined the president's view of tax cuts, very unhappen we with him. one senior official told me in a politico playbook we should run a quiz, which is the more disloyal former staffer, peter orszag or steven ratiner, they said the answer was definitely peter orszag. >> mike, you say the west wing hates peter orszag. >> he had no friends when he left. no top-level friends. very...
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Sep 26, 2010
09/10
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WUSA
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budget director, peter orszag was the first to leave in july. christina roma was next. the white house is also expecting rahm emanuel to leave the use to run for mayor of chicago. >> if rahm emanuel leaves, he will be the fourth of president obama's closest advisers to have left since july. question, after 20 months, is this presidential staff turnover normal? pat buchanan. >> this is not terribly unusual if you have a presidency in trouble. john, when you came into the white house, '71, john connolly came in, dave kennedy was out. nixon closed the goal window, let the dollar flow. he sent arthur burns to the federal reserve. they gunned the money supply to $23 billion deficits. that was enormously dramatic in terms of a change. this is nothing like that. rahm is going out there because there's an opening for mayor's office and secondly, because he has been hammered and had a bad time. but i don't think this is extraordinarily unusual. i don't see any signs of panic here. >> a vietnam war on his hands. >> nixon, our election was disappointing and he took that big move.
budget director, peter orszag was the first to leave in july. christina roma was next. the white house is also expecting rahm emanuel to leave the use to run for mayor of chicago. >> if rahm emanuel leaves, he will be the fourth of president obama's closest advisers to have left since july. question, after 20 months, is this presidential staff turnover normal? pat buchanan. >> this is not terribly unusual if you have a presidency in trouble. john, when you came into the white house,...
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Sep 24, 2010
09/10
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FOXNEWS
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. >> reporter: then is peter orszag, economic advisor christina romer before that and others. >> they're bailing because it's going badly. >> reporter: in the midst of that, the president has to finds economic advisor and with the economy struggling for air, many want him to choose someone from the business community. >> he probably needs somebody in the white house with credibility with the business community to influence policies as well. >> the congress is clamoring for people with experience. real-life experience is key to this president, i believe, understanding the way things really are. >> possible replacements include richard parsons, former ceo of time warner and chairman of citigroup and former xerox ceo. but would new advisors make any difference in policy? >> at the end of the day, are the changes going to cause the president to move to the center or to stay where he is on the more liberal wing of the democratic party? >> reporter: when bill clinton faced republican congress he pivoted and said the era of big government is over. even if republicans win the house, president ob
. >> reporter: then is peter orszag, economic advisor christina romer before that and others. >> they're bailing because it's going badly. >> reporter: in the midst of that, the president has to finds economic advisor and with the economy struggling for air, many want him to choose someone from the business community. >> he probably needs somebody in the white house with credibility with the business community to influence policies as well. >> the congress is...
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Sep 8, 2010
09/10
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CSPAN
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this one was arguably poor form for peter orszag, as a former bid and attrition official, to keep his -- a former administration official, to keep his mouth quiet. i think he owes something to a president when he appoints you. turning now and that quickly is poor form. host: let's talk about your current title, a senior fellow with the ethics and public policy center. what is that? guest: is a think tank. it is one of the smaller think tanks in washington. it deals with ethical and moral dimensions of public policy, as well as the religious elements. we have a catholic studies program, and evangelicals in public policy. it is also the second thinktank that i joined when i came from washington. i worked in the reagan and bush administration. i worked in the white house for president george w. bush. when i left, i went to the ethics and public policy center. i have great colleagues. a lot of bang for the buck. host: if you have -- you also are the offer of a new book. why did you write this book? guest: it was something on our minds -- we are both christians, both involved with politics
this one was arguably poor form for peter orszag, as a former bid and attrition official, to keep his -- a former administration official, to keep his mouth quiet. i think he owes something to a president when he appoints you. turning now and that quickly is poor form. host: let's talk about your current title, a senior fellow with the ethics and public policy center. what is that? guest: is a think tank. it is one of the smaller think tanks in washington. it deals with ethical and moral...
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Sep 25, 2010
09/10
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FOXNEWS
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finally, former white house budget director peter orszag won't be seeing many of his former west wing colleagues in the receiving line when he gets married in manhattan this weekend. politico reports chief of staff rahm emanuel and senior advisors david axelrod and valerie jarret sent their regrets. the "new york post" says the trio were expected but bailed at the last minute. "the snub comes after orszag, who resigned as budget director in late july wrote an op-ed column that clashed with the obama administration stance in favor of raising taxes on earners of more than $250,000 a year." politico called the snub, "pretty captain obvious." orszag was already hated. the marriage between politics and pop culture came under fire today on capitol hill. correspondent molly henneberg shows us what happened when funny man steven colbert showed up and many lawmakers didn't get the joke. >> democratic chair of the house judiciary committee initially tried to get him to leave. >> you run your show. we run the committee. >> but comedianstein colbert speaking in host of comedy central "colbert rep
finally, former white house budget director peter orszag won't be seeing many of his former west wing colleagues in the receiving line when he gets married in manhattan this weekend. politico reports chief of staff rahm emanuel and senior advisors david axelrod and valerie jarret sent their regrets. the "new york post" says the trio were expected but bailed at the last minute. "the snub comes after orszag, who resigned as budget director in late july wrote an op-ed column that...
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Sep 9, 2010
09/10
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peter orszag, the former omb director, wrote in "the new york times" a few days ago about the need, in his youth, to extend the bush tax cuts for two years. guest: well, that is not quite what peter said. what he said is that he felt the economy needed additional strategic federal interventions to strengthen the economy, and to continue the middle class portion tax cuts would be a good thing to do temporarily for the next two years, that in his view, the ideal policy would be to let the high-income part of the taxes -- of the tax reductions expire, as, in fact, george w. bush put it into the initial bill in 2001, that this was supposed to be a 10-year tax cut and only a 10-year tax cut, middle-class" portion -- and to continue only the "middle class" portion over the next two years. to say that teacher asked for a continuation of all the bush tax cuts -- to say that peter asked for a continuation of all the bush tax cuts for the next two years is not correct. he said it might be unnecessary compromise to get congress to do anything before the next election, but it is not the policy he
peter orszag, the former omb director, wrote in "the new york times" a few days ago about the need, in his youth, to extend the bush tax cuts for two years. guest: well, that is not quite what peter said. what he said is that he felt the economy needed additional strategic federal interventions to strengthen the economy, and to continue the middle class portion tax cuts would be a good thing to do temporarily for the next two years, that in his view, the ideal policy would be to let...
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Sep 20, 2010
09/10
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MSNBC
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. >> peter orszag says that we can't afford to extend the bush tax cuts for anyone after a year or two. is he right? >> well, i want to make sure i get this gentleman's question in. but i will say this -- the debate that we're having about tax cuts right now, i think really speaks to the choices that everybody here is going to be facing as we go forward. i think all of us are concerned about the deficit, all of us are concerned about the debt. now, what we've said is that we should extend tax cuts, tax relief for middle class americans like most of the audience here because first of all you're the ones who didn't see your wages or income rise. second of all, you're the folks who are most likely to spend it on a new computer for your kids or in some other fashion that would boost demand in the economy. everybody agrees that this should be done. all we've said is that you get those tax breaks up to $250,000 a year. after that, if you make more than $250,000 a year, you still get a tax break. it's just you only get it up to $250,000. >> house speaker pelosi said last week -- >> let me fin
. >> peter orszag says that we can't afford to extend the bush tax cuts for anyone after a year or two. is he right? >> well, i want to make sure i get this gentleman's question in. but i will say this -- the debate that we're having about tax cuts right now, i think really speaks to the choices that everybody here is going to be facing as we go forward. i think all of us are concerned about the deficit, all of us are concerned about the debt. now, what we've said is that we should...
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Sep 16, 2010
09/10
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CSPAN
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speaker, as our economy continues to struggle, the president's former budget director, peter orszag, stated that, and i quote, higher taxes now would crimp consumer spending further depressing the already inadequate demand for what firms are capable of producing full tilt, end quote. in non-washington, d.c., language, that translates to the more money that government takes from the american people the less they have to spend and to help rebuild our economy. my republican colleagues and i have been saying this for nearly two years. now, over 30 of my democrat colleagues have joined us in supporting an extension of all the tax cuts across the board. they get it. it makes no sense, no sense to raise taxes, especially at this time when businesses and individuals are trying to invest what little they have to make a better future and get our economy going. mr. speaker, let the american people keep their money. i urge house leadership to extend the 2001, 2003 tax cuts. i yield back. the speaker pro tempore: for what purpose does the gentlelady from new york rise? >> to address the house for
speaker, as our economy continues to struggle, the president's former budget director, peter orszag, stated that, and i quote, higher taxes now would crimp consumer spending further depressing the already inadequate demand for what firms are capable of producing full tilt, end quote. in non-washington, d.c., language, that translates to the more money that government takes from the american people the less they have to spend and to help rebuild our economy. my republican colleagues and i have...
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Sep 15, 2010
09/10
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CNN
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we have peter orszag saying now's not the time to raise taxes. so what we say now is speaker pelosi, bring us -- >> under the hypothetical possibility, and it's a very real possibility, if you speak to negotiatifolks at the white e president could veto that and say i'm sticking by my guns and say i only want the tax cuts to stay for the mid class. do you allow taxes to go up for everyone? >> the president's wrong, what happens in that situation, he's taxing small business, he's taxing every individual when it comes to dividends. the president is wrong with the idea that he puts new health care tax on, he has cap and trade looming out there and then he goes out there and raises the taxes on small businesses and he wonders why people aren't being hired. it doesn't have to be that way. you have bipartisan, you have three democrats who are sitting in the house telling the president he's wrong and asking others to join with us. we can have a bipartisan bill that puts -- doesn't put the middle class in a recession. >> what if he doesn't blink and he ho
we have peter orszag saying now's not the time to raise taxes. so what we say now is speaker pelosi, bring us -- >> under the hypothetical possibility, and it's a very real possibility, if you speak to negotiatifolks at the white e president could veto that and say i'm sticking by my guns and say i only want the tax cuts to stay for the mid class. do you allow taxes to go up for everyone? >> the president's wrong, what happens in that situation, he's taxing small business, he's...
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Sep 23, 2010
09/10
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WJLA
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mark zandi, peter orszag. we're saying, cut spending, get control of spending. >> you do concede that you do not have a plan to balance the budget. and you don't pay for the tax cuts you're extending? >> we can pay for the tax cuts. i have provided budgets in the past. >> but the republicans are not signing on to it? >> that's the road map. that's quite different. what i'm saying is we have a plan to get this country back on track. we want to cut and control spending. the deficit is such a mess this time. it's going to take time to balance the budget. but the president has added a budget that doubles our debt in five years. and triples it in ten years. we want to balance a budget with controlling spending. after all, that's the -- >> you also talk about cleaning up congress. you're taking surprising heat from conservatives. eric erickson of redstate.com, hits you were not taking on earmarks. he says the lack of an earmarks ban is terrible. cutting off a gateway drug to big government is important. >> we've not
mark zandi, peter orszag. we're saying, cut spending, get control of spending. >> you do concede that you do not have a plan to balance the budget. and you don't pay for the tax cuts you're extending? >> we can pay for the tax cuts. i have provided budgets in the past. >> but the republicans are not signing on to it? >> that's the road map. that's quite different. what i'm saying is we have a plan to get this country back on track. we want to cut and control spending....
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Sep 27, 2010
09/10
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KGO
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our dear friend and colleague bianna golodryga got married over the weekend to peter orszag. it took place here in the city. it was -- >> it was beautiful and it was such a spectacular party, but also a touching moment in the ceremony. they actually whispered their vows to each other. it was beautiful. i had never seen that before. congratulations, bianna and peter. >> bianna's father, father of the bride, his speech, not a dry eye in the house. it was so much fun. we partied. >> we did. we had a good time. >>> but coming up caught on tape a cop pretends to arrest a teen for having sex with his daughter. did he abuse his power and cross the line? the boy's parents join us for a "gma" exclusive coming up after the news and weather. a new hom. well, i know if my dad was still around, he would have told me, with no doubt... he would have told me it's a no brainer and i knew that from the start. it was an honor. booming is moving forward by giving back. hd 4. [ poof! ] who are you?!? i'm your "genie"! weren't you just wishing for something more nutritious to eat? i was! well, you
our dear friend and colleague bianna golodryga got married over the weekend to peter orszag. it took place here in the city. it was -- >> it was beautiful and it was such a spectacular party, but also a touching moment in the ceremony. they actually whispered their vows to each other. it was beautiful. i had never seen that before. congratulations, bianna and peter. >> bianna's father, father of the bride, his speech, not a dry eye in the house. it was so much fun. we partied....
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Sep 16, 2010
09/10
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CNN
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so do you take the peter orszag approach and say to extend it out two more years and deal with it then, or the problem is if the economy is not better, there is no political impetus to get the taxes back in ordzer in the way you want to in two years. >> when the government says that 46 million people in the country are living in poverty, and 40 million living on food stamps that the government provide, i don't see that number going down any time soon, do you? >> well, it is very, very hard and when you think about the stimulus plan and the infrastructure plan, and the government will spend $50 billion on infrastructure, that will go somewhere to put people back to work and those are somewhat if you want to call them shovel-ready job, because so many of the infrastructure job, and the value, and by the way, every dollar in infrastruck schur they get $1.57 out which is better than the original stimulus plan, but the problem is that these programs, if you build trains, it may take another 12 to 18 months before they put the shovels in ground. so that, that's the challenge that we face. >>
so do you take the peter orszag approach and say to extend it out two more years and deal with it then, or the problem is if the economy is not better, there is no political impetus to get the taxes back in ordzer in the way you want to in two years. >> when the government says that 46 million people in the country are living in poverty, and 40 million living on food stamps that the government provide, i don't see that number going down any time soon, do you? >> well, it is very,...
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Sep 22, 2010
09/10
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WJLA
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peter orszag has left. and so has chair christina romer. only treasury secretary tim geithner remains. plus, chief of staff, rahm emanuel, has made no secret that he's eyeing a new gig. >> one day, i would like to run for mayor of the city of chicago. that's been my aspiration, even when i was in the house of representatives. >> reporter: a senior official says also most importantly, when it comes to the policy of afghanistan and pakistan, the administration is confident they got the policy right, even with all of this description of infighting. >> the book describes a lot of doubts that the president and his team had about the policy. >>> diane sawyer and i will have the first interviews with bob woodward on monday and tuesday, on "world news," "nightline" and right here on "good morning america." >> we're looking forward to that. >>> from the white house, to the upcoming elections and the impact of the tea party. controversial republican senate candidate christine o'donnell, is responding to criticism about comments she made on witchcraft
peter orszag has left. and so has chair christina romer. only treasury secretary tim geithner remains. plus, chief of staff, rahm emanuel, has made no secret that he's eyeing a new gig. >> one day, i would like to run for mayor of the city of chicago. that's been my aspiration, even when i was in the house of representatives. >> reporter: a senior official says also most importantly, when it comes to the policy of afghanistan and pakistan, the administration is confident they got...
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Sep 7, 2010
09/10
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CSPAN
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host: peter orszag today in the new york times said his solution is to keep the bush tax cuts across the board but then get rid of them in 2013. guest: i don't think it is a great idea to deadline for when to raise taxes. people are not in a mood to have their taxes raised any time in the future. so i don't think it is such a great idea to set a date of 2013. host: tomorrow the president will be in cleveland talking about the economy and its proposals will businesses to invest in capital and infrastructure this year and next year, 100% would be tax deductible. good idea? guest: i don't know. this has been used many times before. it is not seem to have -- the idea of exempting capital expenditures, that has been attempted, amortization of capital expenditure, those things. i don't know that that has been terribly effective over the years. better than nothing. host: what is your confidence level in the u.s. economy? guest: not very high. let's go to the republican line from texas. caller: 1969 i started a business, 771 employees in 2005. the president and this congress has done everyth
host: peter orszag today in the new york times said his solution is to keep the bush tax cuts across the board but then get rid of them in 2013. guest: i don't think it is a great idea to deadline for when to raise taxes. people are not in a mood to have their taxes raised any time in the future. so i don't think it is such a great idea to set a date of 2013. host: tomorrow the president will be in cleveland talking about the economy and its proposals will businesses to invest in capital and...
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Sep 17, 2010
09/10
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MSNBC
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orszag's position which is extend them for two years while the economy is bad. that's keynesian economics by the way and let them expire two years from now. >> and suppose she succeeds in having only extended for the middle tax cuts and raises taxes for the other folks, these democrats go home to their districts and the people say, you guys did this to us, you can't handle pelosi? good-bye and good luck. i think in tennessee where, some are suggesting pelosi step down. >> sam, obviously nancy pelosi and progressives on both coasts would consider it a betrayal if tax cuts were extended for all americans. i tell you, she has a guy that's been out there running. it seems to me that tax cuts even on the top earners is seen as a drag on the economy. >> i don't know if they'd see it as a betrayal. i remember you talking to ezra yesterday. he said that people should be comfortable with the temporary extension -- >> got to pay for it. >> yeah. the issue here the what are we talking about in terms of deficit? we've spent the past two years, year and a half talking about
orszag's position which is extend them for two years while the economy is bad. that's keynesian economics by the way and let them expire two years from now. >> and suppose she succeeds in having only extended for the middle tax cuts and raises taxes for the other folks, these democrats go home to their districts and the people say, you guys did this to us, you can't handle pelosi? good-bye and good luck. i think in tennessee where, some are suggesting pelosi step down. >> sam,...
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Sep 7, 2010
09/10
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i was not in every meeting with peter orszag. he may have made this point before but i was not in on those meetings. >> to discuss issues with the nato meeting and secretary clinton? >> i don't have a read out on that but we will on the nato secretary general a little bit later. my guess is that most of that had to do with afghanistan them off to what extent is the speech tomorrow a direct response to convert behner's speech a couple of weeks ago? >> it is in the same city and i think the president will use that opportunity to contrast a vision of returning to a decade of policy and value decisions that got us into this mess. if you look back at what congress be meanthner said in that speech, he seemed to lay out a strong predicate for the very same type of decisions that had been made over the past 10 years that got us into this mess. i anticipate the president spent a decent amount of time on that theme what about community college? >> i think it is cleveland and cleveland. >> is giving a speech the becausebehner is giving the
i was not in every meeting with peter orszag. he may have made this point before but i was not in on those meetings. >> to discuss issues with the nato meeting and secretary clinton? >> i don't have a read out on that but we will on the nato secretary general a little bit later. my guess is that most of that had to do with afghanistan them off to what extent is the speech tomorrow a direct response to convert behner's speech a couple of weeks ago? >> it is in the same city and...